on Vision Marine Technologies Inc
Nautical Ventures to Exclusively Distribute Taiga's Electric Watercraft in Florida
Vision Marine Technologies Inc. has announced that its subsidiary, Nautical Ventures, signed an agreement with Taiga Motors to become the exclusive dealer for Taiga's electric personal watercraft in Florida. This partnership extends beyond traditional dealership models, integrating marketing, sales, and service within Florida's dynamic watercraft market.
Nautical Ventures will distribute Taiga's watercraft across key Florida counties, including Miami-Dade and Broward. This initiative aims to capitalize on Florida's leading position in the U.S. personal watercraft market, which reached USD 1.9 billion in 2023 and is expected to grow by over 5% CAGR through 2032.
Taiga Motors sees this collaboration as an opportunity to expand globally, reinforcing their presence in one of the world's most significant watercraft markets. Nautical Ventures' electric expertise and retail platform align seamlessly with Taiga's vision for electric watercraft.
R. H.
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